Carnival Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Group 1 - Carnival Corporation is set to release its second-quarter earnings results on June 24, with analysts expecting earnings of 24 cents per share, an increase from 11 cents per share in the same period last year [1] - The company is projected to report quarterly revenue of $6.21 billion, compared to $5.78 billion a year earlier [1] Group 2 - On June 13, Carnival announced a new $4.5 billion revolving credit facility to enhance its financial capacity [2] - Following this announcement, Carnival shares rose by 0.7% to close at $23.77 [2] Group 3 - Barclays analyst Brandt Montour maintained an Overweight rating and raised the price target from $26 to $30 [4] - Stifel analyst Steven Wieczynski maintained a Buy rating and increased the price target from $31 to $33 [4] - Citigroup analyst James Hardiman maintained a Buy rating and raised the price target from $25 to $28 [4] - Loop Capital analyst Laura Champine maintained a Hold rating and increased the price target from $21 to $22 [4] - Truist Securities analyst Patrick Scholes maintained a Hold rating but reduced the price target from $30 to $27 [4]